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Supervalu EVP Exercises Options

MINNEAPOLIS, Minn. -- David E. Pylipow, e.v.p./human resources for Supervalu Inc. here, exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing

April 25, 2007, 08:00 pm

MINNEAPOLIS, Minn. -- David E. Pylipow, e.v.p./human resources for Supervalu Inc. here, exercised options for 10,000 shares of common stock, according to a Securities and Exchange Commission filing.

In a Form 4 filing this week with the Securities and Exchange Commission, Pylipow reported exercising the options Monday for $29.18 a piece and selling 7,777 shares on the same day for $44.52 to $44.55 a piece.

Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.